2022-11-15T08:40:26-06:00 2021-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2021-01-01 760709606 DIEGO BEEKMAN MUTUAL HOUSING ASSOCIATION HOUSING DEVELOPMENT FUND CORPORATION DIEG 7182929222 298 CYPRESS AVENUE BRONX NY 10454 ARLINE PARKS VICE CHAIR & CEO 7182929222 2022-11-15 1 ARLINE PARKS 999009999 GARRETT M HIGGINS P00543209 9143818900 2022-11-14 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z ARLINE PARKS 298 CYPRESS AVENUE BRONX NY 10454 24347608 0 X WWW.DIEGOBEEKMAN.COM X 2001 NY THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE QUALITY AFFORDABLE HOUSING FOR LOW & MODERATE INCOME FAMILIES. 5 4 102 4 0 0 811548 811548 20545938 21267361 56719 3095 1031078 2185138 22445283 24267142 0 0 0 0 6287077 6052246 0 0 0 14281047 14417535 20568124 20469781 1877159 3797361 55006826 60873005 35399479 37468297 19607347 23404708 THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE QUALITY AFFORDABLE HOUSING TO MODERATE INCOME FAMILIES. 0 0 15768309 0 21267361 THE ORGANIZATION'S PURPOSE IS TO PROVIDE QUALITY AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME FAMILIES. THE ORGANIZATION OWNS 38 BUILDINGS CONSISTING OF 1,238 APARTMENTS. 15768309 1 1 0 1 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 29 0 102 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 NY X X ARLINE PARKS 7182929222 298 CYPRESS AVE BRONX NY 10454 ARLINE PARKS VICE CHAIR & CEO 40.00 1.00 X X 217761 0 31058 ANDREW REICHER BOARD CHAIRMAN 1.00 1.00 X X 0 0 0 MARIA ORTIZ SECRETARY 1.00 1.00 X X 0 0 0 PAUL PHILPS TREASURER 1.00 0.00 X X 0 0 0 JOHNINE JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 LUIS A RIVERA SECURITY DIRECTOR 40.00 0.00 X 123169 0 920 DARIO DELACRUZ SECURITY GUARD 40.00 0.00 X 107661 0 15484 CARLOS F CRUZ SECURITY GUARD 40.00 0.00 X 111080 0 0 SHARON HOLDER PROPERTY MANAGER 40.00 0.00 X 109951 0 0 669622 0 47462 5 0 1 0 WINNRESIDENTIAL (NY) LLC ONE WASHINGTON MALL SUITE 500 BOSTON MA 02108 MANAGEMENT SERVICES 934676 FALCON ENGINEERING CO LLC 682 HWY 202/206 BRIDGEWATER NJ 08807 CONSULTING SERVICES 276131 GENESIS ELECTRONICS 897B BOULEVARD NEW MILFORD NJ 07476 IT SERVICES 161610 3 811548 811548 RENTAL INCOME 531110 21267361 21267361 21267361 3095 3095 274150 80466 193684 193684 193684 INSURANCE PROCEEDS 900099 1927343 1927343 DAMAGES INCOME 900099 31425 31425 REIMBURSEMENT INCOME 900099 25277 25277 7409 7409 1991454 24267142 21267361 0 2188233 248820 124410 124410 4345433 3454696 890737 154479 120872 33607 836127 660497 175630 467387 364562 102825 800000 800000 228414 228414 42750 42750 96000 96000 832285 577569 254716 4206 4206 431863 89425 342438 7662842 7662842 4110 4110 1674551 1674551 46378 46378 BAD DEBT EXPENSE 1381177 1381177 REPAIRS & MAINTENANCE 1116756 892194 224562 VIOLATIONS 78209 78209 MISCELLANEOUS EXPENSE 10007 10007 7987 7987 20469781 15768309 4701472 0 1360806 1236280 9432821 7865013 2621620 4240526 164621 161426 810994 806455 61575582 26238966 29915811 35336616 10700153 11226689 55006826 60873005 1717436 848620 102224 69598 520088 573360 32997385 35916339 62346 60380 35399479 37468297 X 19607347 23404708 19607347 23404708 55006826 60873005 3797361 0 X X 0 1 X 1 1 1 X 0 180428 0 811548 811548 1803524 20087749 20334971 20599864 20545938 21267361 102835883 20087749 20515399 20599864 21357486 22078909 104639407 0 0 0 104639407 285859 363569 487802 321996 277245 1736471 285859 363569 487802 321996 277245 1736471 82334 1635686 2289840 851558 1991454 6850872 20455942 22514654 23377506 22531040 24347608 113226750 0.92420 0.93910 0.01530 0.01540 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2017 AMOUNT: $ 8,000. 2018 AMOUNT: $ 1,490,326. 2019 AMOUNT: $ 2,011,121. 2020 AMOUNT: $ 480,150. 2021 AMOUNT: $ 1,927,343. LAUNDRY INCOME - 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 3,226. 2020 AMOUNT: $ 4,671. 2021 AMOUNT: $ 4,596. APPLICATION FEES - 2017 AMOUNT: $ 4,560. 2018 AMOUNT: $ 2,720. 2019 AMOUNT: $ 1,780. 2020 AMOUNT: $ 1,345. 2021 AMOUNT: $ 1,270. DAMAGES INCOME - 2017 AMOUNT: $ 37,033. 2018 AMOUNT: $ 48,280. 2019 AMOUNT: $ 49,908. 2020 AMOUNT: $ 37,021. 2021 AMOUNT: $ 31,425. TENANT SERVICES - 2017 AMOUNT: $ 4,713. 2018 AMOUNT: $ 725. 2019 AMOUNT: $ 1,728. 2020 AMOUNT: $ 2,483. 2021 AMOUNT: $ 388. REIMBURSEMENT INCOME - 2017 AMOUNT: $ 19,269. 2018 AMOUNT: $ 16,279. 2019 AMOUNT: $ 111,853. 2020 AMOUNT: $ 325,361. 2021 AMOUNT: $ 25,277. MISCELLANEOUS INCOME - 2017 AMOUNT: $ 8,759. 2018 AMOUNT: $ 77,356. 2019 AMOUNT: $ 110,224. 2020 AMOUNT: $ 527. 2021 AMOUNT: $ 1,155. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 96000 96000 0 PART II-B, LINE 1: THE ORGANIZATION RETAINED KASIRER LLC TO PROVIDE, DEVELOP, AND IMPLEMENT A COMPREHENSIVE STRATEGIC PLAN TO OBTAIN SITE CONTROL OF CERTAIN CITY AND STATE OWNED PARCELS OF LAND NEEDED TO EXECUTE THE ORGANIZATION'S NEIGHBORHOOD DEVELOPMENT PLAN. 0 1 X 80 80 42656138 18991431 23664707 8408164 6796844 1611320 10511200 450691 10060509 35336616 TENANT SECURITY DEPOSIT 570577 UTILITY DEPOSIT 8645 ESCROW RESERVE 8599716 DUE FROM RELATED PARTY 2047751 11226689 ACCRUED INTEREST 60380 60380 X 24412816 145674 145674 24267142 0 24267142 20647997 178216 178216 20469781 0 20469781 PART IV, LINE 2B: THE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE THEY MOVE OUT OF THE APARTMENTS. PART X, LINE 2: THE HOUSING COMPANY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE HOUSING COMPANY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE HOUSING COMPANY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM CONSOLIDATED ENTITY REPORTED IN FINANCIAL STATEMENTS 65,208. RENT EXPENSE REPORTED ON PART VIII, LINE 6B: 80,466. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM CONSOLIDATED ENTITY REPORTED IN FINANCIAL STATEMENTS 97,750. RENT EXPENSE REPORTED ON PART VIII, LINE 6B: 80,466. X X X 0 0 0 0 0 0 0 0 0 ARLINE PARKS VICE CHAIR & CEO 194989 0 20000 0 2772 0 1350 0 29708 0 248819 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENGAGED WINNRESIDENTIAL, LLC TO PROVIDE MANAGEMENT AND BOOKKEEPING SERVICES. THESE SERVICES ARE DETAILED IN A FORMAL MANAGEMENT AGREEMENT. FOR THE YEAR ENDING DECEMBER 31, 2021, THE MANAGEMENT FEES WERE $800,000. NO MEMBER OF THE BOARD OF DIEGO BEEKMAN IS COMPENSATED BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B DIEGO BEEKMAN MUTUAL HOUSING ASSOCIATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED IT IS ELECTRONICALLY SENT TO MANAGEMENT FOR REVIEW, AND THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THIS STATEMENT IS DIRECTED NOT ONLY TO DIRECTORS AND OFFICERS, BUT TO ANY AGENT AND ALL EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF THE CORPORATION OR ITS BOARD OF DIRECTORS OR MAKE COMMITMENTS ON THEIR BEHALF THIS WOULD INCLUDE ALL WHO MAKE PURCHASING DECISIONS, ALL PERSONS WHO MIGHT BE DESCRIBED AS "MANAGEMENT PERSONNEL, AND ANYONE WHO HAS PROPRIETARY INFORMATION CONCERNING ANY AFFAIRS OF THE CORPORATION EACH DIRECTOR, OFFICER, MANAGEMENT AGENT, MANAGEMENT EMPLOYEES SHALL ANNUALLY SIGN A STATEMENT ANY TIME FROM INVOLVEMENT IN ANY DECISION OR DISCUSSION IN WHICH THE PARTY BELIEVES HE OR SHE HAS OR MAY HAVE A CONFLICT OF INTEREST AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR EXECUTIVE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD'S EXECUTIVE COMMITTEE DETERMINES SALARY COMPENSATION FOR ARLINE PARKS, THE CEO. THE EXECUTIVE COMMITTEE USES THE CHARITY NAVIGATOR'S CEO COMPENSATION STUDY TO DETERMINE MS. PARK'S SALARY. THE APPROVAL WAS DOCUMENTED IN THE BOARD MINUTES OF THE MEETING AT 12/31/21. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. THESE DOCUMENTS ARE AVAILABLE AT THE ORGANIZATIONS CORPORATE OFFICE LOCATED AT 298 CYPRESS AVE, BRONX, NY 10454... OR BY CALLING THE ORGANIZATION DIRECTLY AT (718) 292-9222. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT AUDITOR. THE POLICY FOR SELECTION AND OVERSIGHT OF THE INDEPENDENT AUDITORS HAS NOT CHANGED SINCE LAST YEAR. DIEGO BEEKMAN LOCAL DEVELOPMENT CORPORATION 298 CYPRESS AVENUE BRONX NY 10454 822119139 RELIEVING AND REDUCING UNEMPLOYMENT NY 501(C)(3) LINE 12A, I DIEGO BEEKMAN MUTUAL HOUSING ASSOCIATION HOUSING DEVELOPMENT FUND CORP 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0